We have our house up for sale with a local agent however we have been offered the asking price by a neighbour! Can we withdraw from the agent without paying a fee we were sole agency

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For full context, visit https://www.homeownershub.com/uk-diy...s-3103532-.htm

On Tuesday, 9 March 2021 at 15:45:07 UTC, Denzil pc wrote:
We have our house up for sale with a local agent however we have been offered the asking price by a neighbour! Can we withdraw from the agent without paying a fee we were sole agency

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For full context, visit https://www.homeownershub.com/uk-diy...s-3103532-.htm

You are going to have to read the contract you signed, I suspect you have agreed to at least 6 months and if a sale goes through within 6 months of cancelling the agent from a buyer introduced by the agent you will owe the agent their fees. As to your neighbour did he make the offer before a sales board went up or the listing was put up on the internet. If not it could be argued that the agent even though not contacted could claim they have introduced the buyer. You are probably better posing your question on the many legal usenet sites.

Richard

In article pdirect.com,
Denzil pc wrote:
We have our house up for sale with a local agent however we have been
offered the asking price by a neighbour! Can we withdraw from the agent
without paying a fee we were sole agency

probably not. Read the contract

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from KT24 in Surrey, England
"I'd rather die of exhaustion than die of boredom" Thomas Carlyle

On 09/03/2021 15:45, Denzil pc wrote:

We have our house up for sale with a local agent however we have been
offered the asking price by a neighbour! Can we withdraw from the agent
without paying a fee we were sole agency

If the contract is only 6 - 8 weeks, then wait it out. Otherwise you
would have to be able to prove that the potential buyer did not become
aware of the dale through any action linked to the agent.

Reading the details in the contract you agreed to would be the place to
start.


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Cheers,

John.

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In article , charles
writes
In article pdirect.com,
Denzil pc wrote:
We have our house up for sale with a local agent however we have been
offered the asking price by a neighbour! Can we withdraw from the agent
without paying a fee we were sole agency

probably not. Read the contract

The neighbour is no different to any other would be purchaser who comes
along offers you the full price and suggests cutting out the agent.
--
bert

On 10/03/2021 20:45, bert wrote:
In article , charles
writes
In article
pdirect.com,
Â* Denzil pc wrote:
We have our house up for sale with a local agent however we have been
offered the asking price by a neighbour! Can we withdraw from the agent
without paying a fee we were sole agency

probably not. Read the contract

The neighbour is no different to any other would be purchaser who comes
along offers you the full price and suggests cutting out the agent.

Indeed. But that doesn't really answer the OP's question.

As others have said, the starting point should be the contract. That
very probably defines "Introduced". And does so in broad terms so as to
cover any buyer who became aware of the property from the agent's board,
advertising etc. It also probably makes clear that they are entitled to
commission if they introduced (as defined) the buyer even if the sales
takes place [long] after after the contract is cancelled.

--
Robin
reply-to address is (intended to be) valid